Cefarm privatization in danger of déja vu?
At the end of 2005, four companies (Polish pharmaceutical Group, Farmacel, Finartes, Consulting Group Jagiełło, Wrębiak and Partners) showed interest in Cefarm, of which the state Treasury owns 85%. Their offers were valid for 180 days, the last of which, ran out at the start of September. These offers will have to be re-submitted if the Treasury Ministry wishes to continue the privatization process. The Treasury Ministry has blocked privatization because of suspicions over irregularities, however, the contract with advisor F5 Konsulting was not broken, suggesting that privatization is still being taken into consideration. According to Puls Biznesu information, the Health Ministry is thinking about merging Cefarm's Center in Warsaw with Cefarm Białystok, also awaiting privatization, in order to strengthen their position. (Puls Biznesu p.12) M.M.